Incentive and choice Teacher Resources
Find Incentive and Choice educational ideas and activities
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Students identify positive and negative economic incentives in their community and determine the purpose for these incentives. They brainstorm to create a new economic incentive that will help community, explain what it is, and discuss whether they think the incentive will influence people's behavior.
Students examine positive and negative economic incentives used in their communities. They recognize that incentives encourage people to make choices and analyze several examples. Then they discuss how different people react differently to an incentive.
Learners explore the Gulf Coast disaster and what it took to rebuild the community surrounding it. In this economic development instructional activity, students watch a video from the Nightly Business Report and explore what all it takes to make up a community by relating the case study to their own neighborhood through research of key words and concepts.
Learners are rewarded for behavior by the use of a classroom incentive plan that they design themselves.
Students examine the nonrenewable nature of fossil fuels and energy conservation. They play a memory game that identifies people-powered substitutes for things that use electricity and gas, and estimate cost savings of energy-efficient home appliances.
Delve into the concept of economic growth with your class members, including why economic growth is important, what causes it, and how can countries encourage it.
Students assess both negative and positive incentives associated with credit card use. They identify profit as an economic incentive for banks to offer credit cards.
Students differentiate between positive and negative employee incentives and develop sets of them for an imaginary business. In pairs, they complete an interactive project for starting a business and supporting it with incentives. They exchange their business plans with other classmates and critique them.
Students identify the components of a wind turbine and determine the best circumstances to maximize wind power. They discuss wind energy viability and investigate efforts to implement wind energy. Students conduct a cost benefit analysis to wind turbines comparing them to other energy forms.
After viewing clips from a documentary on factory work in China and US outsourcing, learners have a fishbowl discussion. They work in groups to build both personal points of view and strong arguments on the effects of outsourcing in China. This lesson includes excellent resources and wonderful discussion questions intended to engage learners in building an economic and global perspective of US business overseas.
Young scholars identify and determine the difference between positive and negative incentives.
Read through this printable version of a handout discussing Economics and the American Revolution. There are key terms and facts for students to focus on. This case study illustrates economic principles that remain important today. See the relationship between politics, law, and economics in the study.
Second graders explore financial decision making. In this introductory economics lesson, 2nd graders listen to the book Alexander, Who Used to be Rich Last Sunday by Judith Viorst, and discuss making financial choices based on wants and needs. Students sort cards separating "goods" and "services", and develop savings plans.
Explore the role of government in the economy market. Young scholars analyze the economic decision-making process and how it takes into consideration additional cost, benefits, and public awareness of what they are trying to accomplish. Vocabulary, mythconceptions, and an optional class activity are included.
Students examine the economic and political challenges the past six presidents have faced during their terms of office, and how those challenges may or may not have impacted their chances for re-election. They create campaign slogans both for and against the presidents researched in class based on the economic and political climate at the time of their elections.
Cost-benefit, green initiatives, global economics, and renewable energy are the topics of this thought-provoking lesson plan. Learners watch the video, NASCAR Goes Green, engage in a circular written discussion, then talk about the green initiative as a targeted market to increase product loyalty and overall profit margarine. Multiple resources, discussion questions, and activities are all included.
Students write their definitions of economics on index cards and revise them as the lesson continues. They discuss the principles of economic reasoning and after completing a quiz, use economic reasoning to solve "real life" mysteries.
Students analyze a scheduling dilemma. In this opportunity cost and trade-offs instructional activity, students must schedule the school gym for basketball games, but there are not enough hours for all the games. Groups determine how time will be allotted, draw a graph of their decision, and justify their choices in front of the class.
Students examine the changes in rural America in an economic sense. In groups, they research the problems rural areas face in the 21st century. They examine the economic policies in effect and how they help or hurt rural America.
Students explore how businesses compete and review a sample business to evaluate/predict it's success.